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The airport began as Tallahassee Municipal Airport with a ceremony on April 23, 1961. The flag of the United States was presented to the City of Tallahassee by Captain Eddie Rickenbacker, World War I fighter ace and Chairman of the Board of Eastern Airlines. An aerial demonstration was performed by U.S. Army aircraft from Fort Rucker, Alabama. Tallahassee Municipal replaced the city's first airport, Dale Mabry Field, which closed that year.

Eastern Airlines opened the airport by ferrying city, state and chamber of commerce officials. Aboard the flight were Tallahassee Mayor Joe Cordell, State Comptroller Ray Green, Tallahassee City Commissioners Davis Atkinson, George Taff, Hugh Williams, Tallahassee City Manager Arvah Hopkins, Tallahassee City Clerk-Auditor George White, Airport Manager Flagg Chittenden, and Ernest Menendez, Frank Deller, James Calhoun, John Ward and Jeff Lewis, all of the Tallahassee-Leon County Chamber of Commerce.

By the 1980s the terminal was becoming obsolete, and the 6100 foot runway was too short for the Boeing 757 and Boeing 767 coming into service. Runway 9/27 was converted to a taxiway and a new Runway 9/27, 8000 feet long with ILS, was built just to the south. A new passenger terminal was built just north of the new runway. On December 3, 1989, the city opened the $33 million terminal, and on February 20, 2000, the terminal was renamed the Ivan Munroe Terminal in honor of Tallahassee aviation pioneer Ivan Munroe. Munroe was the first man in Tallahassee to own a plane.

On July 20, 2002. a FedEx Boeing 727 crashed a half mile short of the runway 9 while attempting to land. The National Transportation Safety Board determined that the crash was due to a combination of pilot fatigue and pilot error.[3]